• Price:

    • $14,950,000

  • Listing #:
    • 596708
  • Class:
    • For Sale
  • Type:
    • Retail,office
  • Apx. Acres:
    • 0.00
  • Lot Size:
    • 165528
  • Year Built:
    • 1995
  • Address:
    • 9621 Ridgetop Blvd
  • City:
  • County:
    • Kitsap
  • Area:
    • Silverdale
  • State:
    • WA
  • Zip:
    • 98383

Description

We are pleased to exclusively offer for sale a two property portfolio both 100% leased to CHI Franciscan Health Systems and Peninsula Community Health Services. The properties are located in the Seattle suburbs of Silverdale and Bremerton in Kitsap County. The ownership intends to sell both buildings as a packaged sale and are not willing to split up the transaction. Both properties have Landlord friendly NNN leases in place with 2019 actual NOI to be a staggering $1,153,062.24.
• 2019 Combined NOI: $1,153,062
• Cap Rate: 7.71%
• Asking Price: $14,950,000
• $255 per SF (well below replacement cost)
• Two Fully Leased Medical Office Properties
• Landlord Friendly NNN Leases
• Annual Lease Escalations
• Offered as a Packaged Deal
• Excellent property for investors or 1031 exchange

Additional Downloadable Documents

Ridgetop & Wheaton Offering Memorandum

For more information on this listing, please contact...

Branding Photo
  • Availability Status:
    • • Available
  • Property Name:
    • • Ridgetop & Wheaton Assemblage
  • Cap Rate:
    • • 7.71
  • Floors:
    • • 2
  • Building Total Square Feet:
    • • 58681

For more information on this listing, please contact...

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